Stock / Bangladesh

Who own BO accounts frozen by regulator, why the crackdown

Who own BO accounts frozen by regulator, why the crackdown

The new securities commission under the leadership of Khondoker Rashed Maqsood froze assets in 617 beneficiary owner's (BO) accounts mostly upon receiving court orders or requests from several government agencies over corruption allegations. There were also cases of misconduct, mainly share


Olympic Industries to invest more in cookie production

Olympic Industries to invest more in cookie production

The country's leading biscuit and confectionery producer Olympic Industries has decided to invest in "multi colour cookie production" to stay ahead of competitors after its recent investment in production of crackers, chocolate, chanachur, and cake. In a stock exchange filing on Thursday, the comp

DSE sees gains in early trade, CSE dips

DSE sees gains in early trade, CSE dips

The key index of the Dhaka Stock Exchange (DSE) rose in the first hour of trading on the last working day of the week, while the Chattogram Stock Exchange (CSE) saw a marginal decline. At the DSE, the benchmark DSEX index gained 12 points shortly after trading began, as per a UNB report. Among th

Regulator to listen to retail investors on May 29

Regulator to listen to retail investors on May 29

The stock market regulator will hold a meeting with representatives from retail investors on May 29 to listen to their complaints and grievances. Anisuzzaman Chowdhury, special assistant to the chief adviser, will preside over the meeting. Bangladesh Securities and Exchange Commission (BSEC) Chair

DSE, CSE end higher amid broad-based gains

DSE, CSE end higher amid broad-based gains

Both the Dhaka and Chattogram stock markets ended with indices on the rise, accompanied by gains in the majority of listed companies on Wednesday, the fifth trading day of the week. Trading volume also increased in both the bourses. At the Dhaka Stock Exchange (DSE), the benchmark index DSEX adva

Walton appoints partner to access Singapore market

Walton appoints partner to access Singapore market

Local electronic giant Walton Hi-Tech Industries has appointed a partner organisation in Singapore to increase its market access. Walton seems to have considered taking advantage of the market accessibility of the new partner, Flair M&E Pte Ltd in Singapore as it said the organisation will take th

Licence of Shah Mohammad Sagir revoked

Licence of Shah Mohammad Sagir revoked

The securities regulator has revoked the TREC licence of Shah Mohammad Sagir & Co over the embezzlement of clients' funds worth around Tk 137 million six years ago. Trading at the brokerage firm was suspended in September 2019 to protect investors after the regulator confirmed misappropriation of

BSEC chair meets Salehuddin over market reforms

BSEC chair meets Salehuddin over market reforms

Amid the persistent fall of stock indices, the chief of the securities regulator on Monday met the finance adviser to discuss the implementation of recent directives from the chief adviser to help rejuvenate the market. After the meeting, Bangladesh Securities and Exchange Commission (BSEC) Chairm

Sukuk oversubscribed 4 times in 6th auction

Sukuk oversubscribed 4 times in 6th auction

The Tk 20 billion Sukuk was oversubscribed more than four times to Tk 82.48 billion in its sixth auction held at the central bank on Monday, officials said. Around 35 institutions-both conventional and Shariah-compliant financial institutions and individuals took part in the auction of the Sukuk b